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5 Interesting Learnings from Blackbaud at $1 Billion in ARR

SaaStr

and IPO’d in 2004 (!), If you don’t expand your TAM enough, growth can stall at scale. This is the goal of everyone at scale is to hit 30%+ margins, including Salesforce. #3. Like Blackbaud. It’s a real oldie in educational and nonprofit software. It was founded in 1981 (!) 100 Billion has been fundraised on its platform.

Education 176
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5 Interesting Learnings From Avalara at $600,000,000 in ARR

SaaStr

Founded in 2004, took 16 years to hit the first $500m in ARR, in 2020. 180k per employee is not a ton of leverage, and requires thoughtful efficiency at scale. #4 It’s in many ways the hardest way to do it (direct sales to SMEs), but like HubSpot, Avalara has made it work well. And growth is strong. market cap.

Scale 321
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We?re About To See a Lot More SaaS Debt

SaaStr

I argue that standard saas metrics make it possible for founders to scale using debt capital (production capital thats cheaper) instead of solely relying on venture capital (financial capital thats more expensive). . 2004 Salesforce IPO Brought Financial Capital to SaaS Founders. Don’t VC’s Want This Dealflow? Why Let Banks In?

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What Does AirBnB's 'Shares for Hosts' Idea Imply for Blockchain?

Tom Tunguz

In 2004, six years later fewer than 1000 of these shareholders had traded their shares for cash. The user benefits as the network scales. Many of those who received the shares were unaware of conversion deadlines. The company honored its commitments anyway. The company bore some additional regulatory burden. Not a ringing success.

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SaaStr’s Most Respected Leaders Awards 2019: The Top Ten

SaaStr

” She also joined SaaStr’s podcast where she discussed growing Intercom from 350 to 600 people and here was her advice on two common scaling mistakes: “The first mistake is taking your eyes off the customer. His session focused on scaling an open culture. Leaders who do so will lose their product market fit.

Scale 162
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Prioritizing Your Startup's Roadmap

Tom Tunguz

One typical Friday morning in 2004, I walked into a government building and headed to work. In fact, these efforts occur a much larger scale when companies decide to migrate to the latest front end framework or infrastructure management technology. We were a few days behind on schedule, and a technical issue arose.

Startup 163
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A Tale of Two Go To Market Strategies

Tom Tunguz

Founded in 2004, Fleetmatics employs about 1150 employees. How did a business at this price point scale, especially with an inside sales team? The story behind Fleetmatics and Geotab illustrates the way two companies pursued the SMB logistics market in radically different ways, but built roughly similar sized businesses.